International News Goldman plans to expand credit portfolio to $300b Nada Ali Mar 12, 2024 0 Goldman Sachs Asset Management, a unit of Goldman Sachs Group, plans to grow its private credit portfolio to $300…
International News Citigroup predicts U.S. Fed to soar interest rate in Nov Mennatullah Hamzawy Sep 17, 2023 0 Citigroup expects the U.S. Federal Reserve (the central bank of the United States) to raise its key interest rate…
Banks Climate protestors accuse U.S. banks of being climate criminals Yassmine Elbehnaihy Apr 30, 2023 0 Climate protestors have called out US banks for investing in fossil fuel, by spray painting graffiti on Citigroup…
Banks Bank of America’s earnings increase, exceeding expectations Yassmine Elbehnaihy Apr 18, 2023 0 Bank of America (BofA) has reported on Tuesday a 15 percent increase in its first quarter profits, exceeding…
Money JPMorgan, other U.S. banks flooded with clients post SVB crash Sama Mousa Mar 14, 2023 0 A huge number of customers have applied to shift accounts to large U.S. banks such as JPMorgan Chase &Co. and…
Banks Citigroup raises CEO’s 2022 pay to $24.5mln Yassmine Elbehnaihy Feb 23, 2023 0 Leading bank Citigroup increases first female CEO of a major Wall Street bank, Jane Fraser’s compensation by nine…
Financial Institutions Egypt seeks proposals to arrange dollar bond issues – sources Yomna Yasser Dec 18, 2017 0 Egypt has asked banks for proposals to arrange U.S. dollar-denominated Eurobonds, banking sources told Reuters on…
World Citigroup, Twitter shares may fall as holdings of billionaire Saudi prince detained over… Yomna Yasser Nov 6, 2017 0 Shares of Citigroup and Twitter could be unlikely casualties of a stunning power struggle unfolding in Saudi Arabia…
Banks Britain could lose 40,000 investment banking jobs in Brexit exodus: report warns Yomna Yasser Aug 1, 2017 0 The U.K. could lose up to half of its investment banking jobs in the coming few years if the government continues…
USA S&P 500 ends at record, topping June high, on bets for a strong earnings season Yomna Yasser Jul 15, 2017 0 U.S. stocks surged to record levels on Friday as earnings season kicked off. The S&P climbed 0.6 percent to…